NC Capital Area Metropolitan Planning Organization - File #: ACT 17-119

• File #: ACT 17-119
• Version: 3
• Type: Miscellaneous Item
• Status: Passed
• File created: 4/24/2017
• In control: Technical Coordinating Committee
• On agenda: 6/1/2017
• Final action: 6/21/2017
• Title: FY 2018 Wake Transit Work Plan and Financial Policies and Guidelines Bret Martin, MPO Staff
• Indexes: Transit

Date	Ver.	Action By	Action	Result
6/21/2017	3	Executive Board	approved	Pass
6/1/2017	3	Technical Coordinating Committee	approved	Pass
5/17/2017	2	Executive Board	received as information
5/4/2017	2	Technical Coordinating Committee	received as information

Title
FY 2018 Wake Transit Work Plan and Financial Policies and Guidelines
Bret Martin, MPO Staff

Body
At its February 15, 2017, meeting, the Wake County Transit Planning Advisory Committee (TPAC) released a draft FY 2018 Wake Transit Work Plan to be reviewable for agency and public comment from February 17th through April 3rd, 2017 (a 45-day public comment period). Following the April 3rd public/agency comment period deadline, the TPAC considered the incorporation of public and agency comments received that are feasible to implement in FY 2018 and made adjustments to the work plan to reflect these suggested action items. The TPAC also made additional budget and project description refinements to the work plan based on updated information received during the months following the release of its initial public review draft.

The Wake County TPAC then recommended a final FY 2018 Wake Transit Work Plan (Attachment A) to the CAMPO Executive Board and GoTriangle Board of Trustees at its April 25th regular meeting for consideration by those boards in June. In addition to the FY 2018 Wake Transit Work Plan, the TPAC produced and recommended Wake Transit Plan implementation financial policies and guidelines to set parameters and rules for future work plan development to address issues of fund balance and liquidity, debt, billing, payment and reimbursement (Attachment C).

The FY 2018 Wake Transit Work Plan and Wake Transit implementation financial policies and guidelines were released for a 30-day CAMPO public comment period on May 3rd to run through June 2nd. No public comments were received. These materials were presented to the TCC and Executive Board as information at their May meetings and are returning to the Executive Board for its consideration of approval at its June 21st meeting. To provide additional opportunity for public comment, the Executive Board opened a public hearing at its May 17th regular meeting and will continue and close the public hearing at i...